world

By Dan Levine SAN FRANCISCO (Reuters) – Oracle Corp and Google faced off on Tuesday in a $9 billion intellectual property retrial, with Oracle accusing Google of stealing programming to become the world’s leading smartphone player and Google saying it acted legally as a true innovator. Oracle claims Google's Android smartphone operating system violated its copyright on parts of the Java programming language, while Alphabet Inc's Google says it should be able to use Java without paying a fee under the fair-use provision of copyright law.

Facebook Inc smashed investors' expectations with a 52-percent jump in quarterly revenue as it sold more ads targeted at a fast-growing number of mobile users, sending its shares sharply higher after hours. The world's biggest online social network bucked the trend of underwhelming tech results from Apple Inc and eBay Inc, in the face of economic uncertainty around the world and a strong U.S. dollar depressing the value of overseas sales. “It's phenomenal at these (currency headwind) levels that they're accelerating to that level of growth,” said Rob Sanderson, an analyst at MKM Partners.

By Yasmeen Abutaleb and Lehar Maan SAN FRANCISCO (Reuters) – Facebook Inc posted surprisingly strong profit and revenue growth as the world's largest social network grew even larger, with a spike in mobile users and advertising that lifted its stock to an all-time high. The company on Wednesday reported audience numbers that suggest it is poised to take on mainstream media as an advertising force, helping investors to overlook Facebook's huge spending on hiring and building data centers. Facebook now has 8 billion video views per day from 500 million people, compared with 4 billion views in April.

By Julia Love and Devika Krishna Kumar SAN FRANCISCO (Reuters) – Apple Inc painted a rosy picture for its new iPhones as it reported quarterly results on Tuesday, but investors were more focused on the company's next test: topping last year's record holiday sales. Shares of the world's most profitable company initially rose 3 percent in extended trade after Apple beat Wall Street's sales and profit forecasts, but the gains largely evaporated later. In the world's most important market for smartphones, Apple's sales in Greater China in its fourth fiscal quarter nearly doubled from a year ago to $12.52 billion, accounting for nearly a quarter of its total revenue.

By Julia Love, Siddharth Cavale and Pauline Askin SAN FRANCISCO/SYDNEY (Reuters) – The iPhone 6s and 6s Plus hit stores around the world on Friday, at the start of what is expected to be a record weekend for sales of Apple Inc's marquee product. Eager buyers – joined by at least one robot – flocked to Apple stores from Sydney to New York, itching to get their hands on new models boasting a 3D touch feature and an improved camera. “The first thing I'm going to do is take a picture,” said Lithuanian student Justina Siciunaite, 25, the first of hundreds to emerge with an iPhone 6s from Apple's flagship store on New York's Fifth Avenue.

In the attacks, a highly sophisticated form of malicious software, dubbed SYNful Knock, has been implanted in routers made by Cisco , the world's top supplier, U.S. security research firm FireEye said on Tuesday. “If you own (seize control of) the router, you own the data of all the companies and government organizations that sit behind that router,” FireEye Chief Executive Dave DeWalt told Reuters of his company's discovery. Cisco confirmed it had alerted customers to the attacks in August and said they were not due to any vulnerability in its own software.

Huawei Technologies Co Ltd [HWT.UL], one of the world's largest telecom equipment makers, on Monday posted a 30 percent increase in first-half revenue to 175.9 billion yuan ($28.3 billion) and said it would achieve “effective growth” in 2015. The Shenzhen-based company, which competes with Sweden's Ericsson for the top spot in the global market for communications towers and other infrastructure, posted an operating margin of 18 percent in the first six months of 2015, compared with 18.3 percent in the previous half-year. The private company did not elaborate in its brief statement.

(Reuters) – Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. BlackBerry, which reported a 16.8 percent fall in quarterly revenue in March, had about 6,225 full-time employees as of Feb. 2015, according to its website. The company is reallocating resources to capitalize on growth opportunities and achieve profitability across all its business segments, a company spokeswoman said in an e-mailed statement.

Nokia, the world's third-largest mobile equipment maker, has seen nothing in its business that would lead it to change its financial outlook, its chief executive said on Sunday. It is kind of business as usual,” Nokia CEO Rajeev Suri said in response to a reporter's question during a press conference ahead of the Mobile World Congress trade show in Barcelona. In late January, the company said that for its mainstay Nokia Networks’ business, it expected net sales and operating margins in the first quarter to decline compared to the fourth quarter of 2014, typically a seasonally stronger quarter.

BEIJING (Reuters) – China is part of “intensive” talks on a global trade pact regarding information technology products, the World Trade Organization's chief said on Saturday, but it is unclear if a deal will be made at a meeting of Asia-Pacific leaders underway in Beijing. The United States and other countries have been hopeful that China would sign on to the Information Technology Agreement (ITA), which requires signatories to eliminate duties on some IT products, during the Asia-Pacific Economic Cooperation summit that ends on Tuesday. …